M&A
confidence high
sentiment positive
materiality 0.85
Seacoast reports Q3 net income $36.5M; closes Villages acquisition, pro forma EPS accretion ~24%
SEACOAST BANKING CORP OF FLORIDA
- Q3 2025 net income $36.5M ($0.42 EPS); adjusted net income up 48% YoY.
- Completed Heartland acquisition in Q3 and Villages acquisition on Oct 1; Villages adds $4.1B assets, $3.5B low-cost deposits.
- Pro forma 2026 EPS accretion ~24%; TBV earnback ~2.8 years; IRR >25%.
- Net interest income $133.5M, up 5% from prior quarter; NIM ex-accretion 3.32%.
- Tangible book value $17.61, up 9% YoY; Tier 1 capital 14.5%.